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The Economic Times
The Economic Times

Charting the Global Economy: US CPI softens, UK economy expands

Underlying US inflation showed few signs of accelerating in July as the energy-price shock from the war in Iran continued to fade, reinforcing the case for the Federal Reserve to hold off on interest-rate hikes in the near term.

Economies in Europe continued to show resilience, with the UK expanding in June and France also expected to maintain its momentum this quarter.

In emerging markets, investors continued to favor higher-yield assets, while South Korean stocks entered a technical bull market on renewed AI optimism.

Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy, markets and geopolitics:

US

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